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How to change Balancing Method from On Accounts to FIFO in All Ledgers in Marg ERP Software ?

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Ans.1

With the help of Marg ERP Software, the user can Change the Balancing Method of All Ledger from On Account to FIFO.

Suppose the user wants to change the Balancing Method of 'A2Z Pharmacy' from 'On Account' to 'FIFO'.

In order to change balancing method from On Account to FIFO in All Ledger, the user needs to follow the below steps:

  • Go to Reports > Management Reports > Utitlities > Edit Outstanding > On Account: Convert Bill-BY-Bill/FIFO.

  • The user will select 'Convert FIFO'.

  • The user will type 'Sure'.

After following the above steps, the user can change the Balancing Method from On Account to FIFO in All Ledgers in Marg ERP Software.


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